Vanguard Index Funds - Vanguard S&P 500 ETF Valuation

Q: What is the Fair Price of VOO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

VOO ($542.9) is trading below our estimate of [[fair value]] ($1159.56)

Is VOO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of VOO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VOO ($542.9) is trading below our estimate of fair value ($1159.56)

Significantly Below Fair Value: VOO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VOO?

Key metric: As VOO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VOO. This is calculated by dividing VOO's market cap by their current earnings.
What is VOO's PE Ratio?
PE Ratio	6.4x
Earnings	US$226.61b
Market Cap	US$1.45t

VOO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	95.7x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does VOO's PE Ratio compare to its peers?

Insufficient data to calculate this valuation analysis check

The above table shows the PE ratio for VOO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	n/a
VOO Vanguard Index Funds - Vanguard S&P 500 ETF	6.4x	n/a	US$1.4t

Price-To-Earnings vs Peers: Insufficient data to calculate VOO's Price-To-Earnings Ratio vs. peers for valuation analysis.

Price to Earnings Ratio vs Industry

How does VOO's PE Ratio compare vs other companies in the US Capital Markets Industry?

22 Companies	Price / Earnings	Estimated Growth	Market Cap
ADX Adams Diversified Equity Fund	4x	n/a	US$2.52b
CET Central Securities	4.5x	n/a	US$1.32b
GAM General American Investors Company	4.1x	n/a	US$1.16b
MUDS Mudrick Capital Acquisition Corporation II	3.4x	n/a	US$401.64m

22 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: VOO is good value based on its Price-To-Earnings Ratio (6.4x) compared to the US Capital Markets industry average (23.7x).

Price to Earnings Ratio vs Fair Ratio

What is VOO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VOO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate VOO's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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